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PlayStation Rejects Xbox's Proposal for Call of Duty Availability
According to PlayStation's CEO, Jim Ryan, Microsoft has made a commitment to continue making Call of Duty available on PlayStation for three years beyond the existing agreement with Activision. However, Ryan expressed that the proposal falls short in several areas. This development comes amidst Microsoft's attempted acquisition of Activision Blizzard, the publisher of Call of Duty, in a deal valu…
Sept. 7, 2022, 6 p.m.
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Kotaku's Mike Fahey Leaves a Lasting Legacy
Tragic news has emerged of the passing of Mike Fahey, a seasoned senior editor at Kotaku, at the age of 49. A heartfelt tribute published on the site has seen current and former staff members come together to celebrate his life and career. With 16 years of experience in games journalism, Fahey left an indelible mark on the industry. His passing is attributed to ongoing health complications that a…
Sept. 7, 2022, 3:10 p.m.
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Xbox Introduces More Affordable Elite Controller Option
Microsoft has revamped its Xbox Elite Series 2 premium controller lineup with the introduction of a more budget-friendly Core edition. The existing black Xbox Elite Series 2 controller will still be available for $180, while the new white Core version will launch on September 21 for $130. The key difference between the two is that the Core version does not include the charging dock, carrying case…
Sept. 7, 2022, 2:35 p.m.
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Netspeak Games Receives $12 Million Investment for Debut Product Launch
Netspeak Games, a UK-based game development studio, has successfully secured $12 million in Series A funding. The investment round was led by Lakestar and Project A, with additional support from Makers Fund and key industry figures, such as CCP CEO Hilmar Veigar Pétursson, Jagex CEO Phil Mansell, and Kepler Interactive investment director Catherine Chew. The studio, which operates remotely, plans…
Sept. 7, 2022, 1:30 p.m.
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UK Retail Sees Nintendo Switch Games as Top-Grossing Entertainment Product of 2022 with £88.7m in Sales
According to a recent report by the Entertainment Retailers Association, physical Nintendo Switch games have generated the highest revenue among all entertainment products in the UK retail market so far in 2022, with sales amounting to £88.7 million since the start of the year. This figure represents a 12.5% decline compared to the same period last year. PlayStation game sales, which include both…
Sept. 7, 2022, 11:27 a.m.
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EA Introduces Caps on Executive Cash Severance Packages
Electronic Arts has implemented a policy capping the cash component of executive severance packages at 2.99 times the executive's base salary and annual bonus targets. This move follows a shareholder proposal earlier in the year aimed at addressing the company's history of generous executive payouts. Although the policy does not limit stock-based severance packages, it marks a step towards greate…
Sept. 7, 2022, 11:26 a.m.
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Corecell Alleges PQube Failed to Honor Payment Obligations
In a recent development, Corecell has fired back at PQube's comments, presenting additional allegations that counter the publisher's defense. The studio emphasized that despite PQube's claims, the publisher has not fulfilled its payment obligations. "The truth remains that PQube has yet to pay us the agreed amount," Corecell stated. "We have not received any revenue from PQube's sales in EU store…
Sept. 7, 2022, 8:17 a.m.
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GamesIndustry.biz Announces Partnership with La Guilde du jeu vidéo du Québec for Best Places To Work Awards Canada
The Canadian edition of our prestigious Best Places To Work Awards will be unveiled and presented at MEGAMIGS, starting from 2022. Through our partnership with La Guilde du jeu vidéo du Québec, the event's organizer, we aim to recognize and celebrate the nation's top gaming companies at Canada's premier gaming show. The winners of the 2022 awards will be announced during the MEGAMIGS Awards gala,…
Sept. 6, 2022, 7:43 p.m.
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Chucklefish Boosts Employee Salaries to Offset Rising Living Expenses
Chucklefish, the game development studio behind Wargroove, has announced a significant pay increase for all employees, with salaries rising by £4,000 ($4,610) in response to the increasing cost of living in Europe. This update was shared on Twitter by the studio's community manager, Alexis Trust. The latest pay rise comes after the company introduced a 10% salary increase in April. According to T…
Sept. 6, 2022, 6:57 p.m.
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Tencent Ups Stake in Ubisoft Through Strategic Investment
In a significant development, Ubisoft has announced a partnership between Tencent and Guillemot Brothers Limited, resulting in the Chinese technology giant indirectly increasing its stake in the publisher. Tencent is investing €300 million to secure a 49.9% stake in GBL, which previously held almost 13% of Ubisoft's shares. Additionally, Tencent will provide GBL with a long-term unsecured loan, p…
Sept. 6, 2022, 4:39 p.m.